All Property articles – Page 22
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AnalysisAnalysis: How Westfield is beating the shopping centre downturn
The owner of Westfield London and Stratford reported an increase in sales and footfall over the first nine months of 2019. Retail Week looks at how Westfield is beating the wider shopping centre malaise.
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NewsWestfield owner reports increased footfall and sales
Unibail-Rodamco-Westfield registered increased tenant sales and “strong footfall growth” across all its locations.
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GalleryNordstrom unveils ‘new concept’ New York department store
Nordstrom has opened a womenswear and children’s clothing flagship store in New York City – opposite its menswear store, which opened in April 2018 – that brings the “unique Nordstrom offering to life”.
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OpinionMichael Jary: Driverless cars will change everything about retail hot spots
In his autobiography, Sam Walton described why he preferred a small propeller plane to a jet. The Walmart founder could fly closer to the ground and see how America’s towns and cities were growing.
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NewsShoe Zone revenues steadied by focus on big box stores
Shoe Zone has reported an uptick in revenues off the back of its ongoing focus on opening big-box format stores.
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NewsTesco eyes Finest pop-ups in golden quarter push
Tesco is planning to launch a clutch of Finest pop-up stores in major cities across the UK during the golden quarter.
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NewsSelfridges to rent space in new development to office provider
Selfridges has plans to redevelop a building across from its flagship store on Oxford Street and then rent some of it out to a co-working office provider.
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NewsStore profit margins halved by soaring costs
Store-based profit margins have been decimated by rising costs over the last eight years, new research has shown.
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NewsJobs at risk as Jessops approaches administrators for property arm
Photographic retailer Jessops has approached administrators in a bid to salvage its struggling property arm.
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NewsRetail business rates to increase by £137m
The BRC has warned that retailers face a £137m business rates hike from next April based on the latest figures from the government’s consumer price index (CPI), which will pile more pressure on the sector.
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NewsRetail braced for ‘worst Christmas since Woolworths collapsed’
Retail is bracing itself for the toughest Christmas in a decade as Brexit uncertainty, high property taxes and deep discounting grip the market just two weeks into the golden quarter.
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NewsUpdate: Arndale shopping centre evacuated after multiple stabbings
Manchester’s Arndale shopping centre has been evacuated after three people were stabbed in an attack.
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NewsIkea ramps up property team as it eyes shopping centre acquisitions
Swedish furniture giant Ikea is expanding its UK property team as it seeks to snap up lowly valued shopping centres to accelerate its urban expansion.
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NewsHMV launches Europe’s largest music store
HMV will launch Europe’s largest music and entertainment store this morning as new owner Doug Putman vows to put “experience” at the heart of the business.
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VideoIs Hays Travel bonkers to buy 555 Thomas Cook stores?
After Hays Travel bought more than 500 Thomas Cook stores, potentially saving thousands of jobs, following its recent collapse, the team debate if the move is savvy or reckless, and what the deal means for the wider high street.
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OpinionLeader: Thomas Cook deal is vote of confidence in high streets
The acquisition of Thomas Cook by Hays Travel is potentially great news for high streets, one shaft of sunlight to pierce the clouds hanging over town centres.
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NewsIn pictures: Poundland makes grocery push as it launches frozen food pilot
Poundland has rolled out a fresh and frozen food range comprising 350 new product lines at it Ashbourne store in Derbyshire in a bid to get shoppers to do their full weekly shops with the retailer.
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NewsSports Direct hits back over HoF closures speculation
Sports Direct has lashed out at reporting over the weekend which said it was planning to close down its entire House of Fraser store estate after Christmas.
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NewsJohn Lewis demands service charge cuts from landlords
John Lewis & Partners has become the latest retailer to demand better terms from landlords.
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AnalysisAnalysis: Lewis is planning Tesco’s future, not just succession
There was one moment in Dave Lewis’ penultimate press conference as Tesco chief executive this morning that perfectly encapsulated his transformative tenure.